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3.8

based on 777 Reviews

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Federal Bank Product Manager salaries in Mumbai

Annual salary range
1 - 9 years exp.
₹12 Lakhs - ₹17 Lakhs
Salary of majority employees
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19% less than the average Product Manager Salary in Banking Companies for 1 - 9 years of experience

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Salaries in different departments

Product Management
Product Manager Salary
2 - 8 years exp. (6 salaries)
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₹14 L/yr - ₹17 L/yr

Marketing & Communication
Product Manager Salary
7 - 9 years exp. (AmbitionBox Estimate)
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₹13.9 L/yr - ₹17.7 L/yr

BFSI, Investments & Trading
Product Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹15 L/yr - ₹19.3 L/yr

Last Updated: 1 Dec 2024

Companies similar to Federal Bank for Product Manager in Mumbai

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Federal Bank Product Manager Salary

1 - 9 years exp. (10 salaries)

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₹12 L/yr - ₹17 L/yr

vs
Company name Avg Annual Salary Open Jobs
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State Bank of India Product Manager Salary

2 - 10 years exp. (14 salaries)

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₹11 L/yr - ₹27 L/yr

arrow icon 48% more
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ICICI Bank Product Manager Salary

0 - 11 years exp. (2k salaries)

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₹7.5 L/yr - ₹27 L/yr

arrow icon 5% more
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HDFC Bank Product Manager Salary

0 - 13 years exp. (534 salaries)

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₹6 L/yr - ₹25 L/yr

arrow icon 11% less
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Axis Bank Product Manager Salary

1 - 14 years exp. (419 salaries)

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₹7.8 L/yr - ₹27.2 L/yr

arrow icon 5% more
1 job opening
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Kotak Mahindra Bank Product Manager Salary

0 - 12 years exp. (413 salaries)

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₹6.3 L/yr - ₹25 L/yr

arrow icon 12% less
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Yes Bank Product Manager Salary

0 - 10 years exp. (191 salaries)

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₹7.2 L/yr - ₹26.4 L/yr

arrow icon 6% more
1 job opening
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IDFC FIRST Bank Product Manager Salary

0 - 6 years exp. (365 salaries)

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₹8.5 L/yr - ₹30 L/yr

arrow icon 15% more
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IndusInd Bank Product Manager Salary

0 - 8 years exp. (37 salaries)

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₹8 L/yr - ₹27.5 L/yr

arrow icon 2% less
1 job opening
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RBL Bank Product Manager Salary

1 - 12 years exp. (73 salaries)

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₹5 L/yr - ₹20.8 L/yr

arrow icon 27% less
1 job opening
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Shinhan Bank Product Manager Salary

5 - 14 years exp. (6 salaries)

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₹11 L/yr - ₹12.5 L/yr

arrow icon 30% less
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IDBI Bank Product Manager Salary

8 - 13 years exp. (4 salaries)

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₹16 L/yr - ₹28 L/yr

arrow icon 25% more
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₹10.5 L/yr - ₹15.2 L/yr

arrow icon 15% less
Product Manager salary at Federal Bank ranges between ₹12 Lakhs to ₹17 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 10 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Product Manager in Mumbai

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Experience wise Federal Bank Product Manager salaries in Mumbai

Last Updated: 1 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹12 L/yr - ₹26.6 L/yr
2 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹16.7 L/yr
3 years (AmbitionBox Estimate)

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₹14 L/yr - ₹17 L/yr
4 years (AmbitionBox Estimate)

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₹14.5 L/yr - ₹18.5 L/yr
5 years (AmbitionBox Estimate)

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₹14.9 L/yr - ₹19.1 L/yr
View all

Similar Designation salaries in Federal Bank

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₹22 L/yr - ₹36 L/yr
Officer Salary
(33 salaries)
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₹7.5 L/yr - ₹15 L/yr
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₹6 L/yr - ₹15 L/yr
Clerk Salary
(3 salaries)
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₹4 L/yr - ₹5.72 L/yr

Salary related reviews for Federal Bank

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 25 Dec 2024

2.0
 for  Salary and Benefits

Likes

One small joke without infrom direct immediately reliving with last month salary also cut.... Total my bank career this organization worst feeling my carrer, Any one not joining this organization , if u join your career kollab

read more

Dislikes

This organization without information direct immediately reliving and lost month salary also cut total my bank career this organization worst feeling my career, any one not joining this organization my suggestion

read more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 24 Nov 2024

5.0
 for  Salary and Benefits

Likes

Pay scale is good, less Pressure,

Dislikes

Policy and sales pressure as someone who want to learn more about wealth management and investment, I'm stuck in log-in days this learning curve is bad some Officers are treating customer as it's late 90s where they can move customer from counter to counter and delay paper work, not realising that it is also affecting other's efficiency as well. last but not least Transfer policy, not able to move to a desired location even if Mutual agreement is there

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 04 Oct 2024

3.0
 for  Salary and Benefits

Likes

Only salary and perks are good

Dislikes

and if talking about work life balance no such thing lies in Federal Bank. No one care about you if you're posted in rural branch you'll be like nothing for management. No one will talk about your career growth this is pathetic about federal bank

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 14 May 2024

5.0
 for  Salary and Benefits

Likes

Salary and other compensation reimbursement and job security

Dislikes

Work life balance is worst.. if sales is not your thing you wont get any credit for other operational work done by you. Banking is all about selling insurance products

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 19 Apr 2024

4.0
 for  Salary and Benefits

Likes

Salary is very good, job security and culture is better than other private banks

read more

Dislikes

Won’t get transfers easily, some managers can be very disrespectful. No work life balance especially when it comes to leaves for personal needs

read more
see more salary related reviews

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Federal Bank Product Manager Salary FAQs

What is the salary of Product Manager at Federal Bank Mumbai?
Product Manager salary at Federal Bank in Mumbai ranges between ₹12.0 Lakhs to ₹17.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 19% less than the average Product Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Federal Bank Mumbai.
How does the salary of a Product Manager at Federal Bank Mumbai compare with the average salary range for this job?
The average salary of a Product Manager at Federal Bank is 19% less than the average salary of a Product Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Federal Bank to a Product Manager in Mumbai?
  • State Bank of India Product Manager Salary - ₹11.0 Lakhs to ₹27.0 Lakhs per year
  • IDBI Bank Product Manager Salary - ₹16.0 Lakhs to ₹28.0 Lakhs per year
  • IDFC FIRST Bank Product Manager Salary - ₹8.5 Lakhs to ₹30.0 Lakhs per year
  • Yes Bank Product Manager Salary - ₹7.2 Lakhs to ₹26.4 Lakhs per year
  • Axis Bank Product Manager Salary - ₹7.8 Lakhs to ₹27.2 Lakhs per year
What is the salary of a Product Manager in companies similar to Federal Bank in Mumbai?
  • ICICI Bank Product Manager Salary - ₹7.5 Lakhs to ₹27.0 Lakhs per year
  • IndusInd Bank Product Manager Salary - ₹8.0 Lakhs to ₹27.5 Lakhs per year
  • HDFC Bank Product Manager Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year
  • Kotak Mahindra Bank Product Manager Salary - ₹6.3 Lakhs to ₹25.0 Lakhs per year
  • Ujjivan Small Finance Bank Product Manager Salary - ₹10.5 Lakhs to ₹15.2 Lakhs per year
What is the estimated take home salary of a Product Manager at Federal Bank in Mumbai?
The estimated take-home salary of a Product Manager at Federal Bank ranges between ₹1,12,746 per month to ₹1,15,879 per month in Mumbai. The take-home salary calculation is based on the average Federal Bank Product Manager salary in India which ranges between ₹12.0 Lakhs to ₹17.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Product Manager at Federal Bank in Mumbai?
According to AmbitionBox, 67% of the Federal Bank Product Managers in Mumbai reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Federal Bank Product Manager salary in Mumbai ranges between ₹12 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Federal Bank latest salaries received from various employees of Federal Bank.